New Study by The Radicati Group forecasts that worldwide revenue for this market will grow to over $1.5 billion by 2014.

Palo Alto, CA  July 28, 2010  The latest study by The Radicati Group, Inc., "Hosted Unified Communications Market, 2010-2014," offers an in-depth analysis of the worldwide market for Hosted UC services. The study divides the market into two segments: Hosted UC Providers, who target mainly business customers, and Telecom UC Providers, who target both businesses and consumers.

The study provides extensive data regarding current installed base, market share by service provider, breakouts by region, business size, and four year forecasts.

The Unified Communications market is comprised of solutions and/or services that offer voice, messaging, presence, mobility, and conferencing capabilities that can be accessed and managed through a single interface. The purpose of UC is to improve user communication, productivity, and efficiency, while reducing human latency and decision making time.